Posted by WARREN MOSLER on August 31st, 2009
Just enough to keep additional fiscal measures off the table while unemployment remains around 10%.
By Courtney Schlisserman
Aug. 31 (Bloomberg) — A measure of U.S. business activity rose more than forecast in August, adding to signs that the economy may be entering a recovery.
The Institute for Supply Management-Chicago Inc. said today its businessbarometer increased to 50, the highest level since September, from 43.4 in July. Readings below 50 signal a contraction.